Long drives possible again!!! petrol prices slashed!!

Hear ye Hear ye good denizens of the marvelous place known as Karachi.  The government in its utmost genorosity has deemed that we have to pay Rs 10 less per litre for petrol from 12am Nov 16th. The new prices of petrol and diesel have fallen now to 66.66 from 76.66 and Diesel 61.14 from 64.14 respectively.

This is great news not only for the people who were overburdened by the rising petrol cost but specially for the lower income classes of the city which will now have their bus fares slashed down due to the falling diesel price.

Although Ogra (i think Ogre is more appropriate) have managed this great feat today, its been a long time coming as the price of crude oil has been down to 53USD a barrel from 140USD for some time now. Still “der aye par durust aye”

I sincerely hope that the roads of this city of lights will be full of cars at night again as it has been looking like a ghost town after 10pm for too long :)

Now if we could get 5500MW from somewhere we seriously have a shot of turning this back into the awesome place it was some years ago.

10 Comments so far

  1. IUnknown (iunknown) on November 16th, 2008 @ 5:13 pm

    thanks to ALLAH.

    The karachiites will get the benefit truely when the prices of rest of the things will come down. We havent seen it in the past but may be this cud be it

  2. naveedsk on November 16th, 2008 @ 6:06 pm

    Previous post: Greener Karachi Campaign – "Join and lend a hand in helping making Karachi cleaner, greener and healthier."

    This post: Long drives possible again – "I sincerely hope that the roads of this city of lights will be full of cars at night again."

    Does anyone else see the irony here?

  3. tzaidi on November 16th, 2008 @ 8:33 pm

    Curtailing petrol prices will definitely help in easing the financial burden of middle and lower class in our society but on other hand if we reduce our dependency on imported petroleum then it will also help in reducing our nation’s carbon foot print on the environment and will save much needed foreign exchange.

    I urge everyone to start carpooling to work and elsewhere. Driving a smaller engine car does not help, one need to ascertain the carbon emission level by vehicle they use. My car (having 5.6 ltr engine) emit less carbon then a Carolla or Civic. We all need to keep our cars in good condition by getting them properly serviced and keeping the engines well tuned.

    I apologize for deviating from the post’s topic, but I guess this is the right place to express my thoughts.

  4. kreativi on November 17th, 2008 @ 11:47 am

    Its a good initiative by government. Now peoples can feel that they are being cared. But, I am afraid that the prices will go up again as soon as we get loan from IMF.

    It’s my personal opinion. Do correct me if you think I am wrong.

  5. saadshah on November 17th, 2008 @ 8:22 pm

    Does this means that prices of other comodities wld also fall as thy are directly proportional to transportation charges??

  6. mvohras on November 17th, 2008 @ 9:10 pm

    All Appologise but your post start from good and end on bad note..this will certainly help people and lower down monthly budget. but that doesnt mean we just roaming around city with gas gazzler car and make envirnment further worst.

    Around the world ppl are using to use cycle as alternative and saving energy and wat we are doing …why we always think upside down..!!!! Lights arent make city Bright its the ppl who make difference. Thanks

  7. Faisal.K (faisalk) on November 18th, 2008 @ 2:19 am

    90% of the traffic in Karachi comprises of small vehicles.. 1000 cc or less..bikes and tangas, and rickshaws on two stroke engines. Somehow i am not convinced pollution is our biggest problem, making it back home alive may be. Add to that the major switchover by all and sundry to cng and we got a pretty good emission rate going as well

  8. farzal on November 18th, 2008 @ 1:41 pm

    The government is still making Rs. 28 per liter on Petrol and Rs. 9 per liter on Diesel as Petroleum Development Levy (PDL).

    If PDL is passed on to the consumers, they we truly get into zero subsidy mode. Right now, consumers are subsiding the government, and by a big margin!

  9. barristerakc on November 18th, 2008 @ 2:15 pm

    Good News which is basically a blessing in disguise is that the IMF is forcing the GoP to impose an Agriculture Tax – if IMF could somehow force the government to do that: we are talking about additional billions …right now the major chunk of revenues comes from indirect taxes and hardly 1-2% of Pakistani’s pay their Income Taxes (91% of last years Income Tax came from Karachi alone) so it would be great if government diverts from indirect taxes to a more conventional form of direct taxation…

  10. anum on November 18th, 2008 @ 4:28 pm

    This is a great change..especially for the most struggled people of our society. I just hope our government realizes that not only was most of the population here reluctant to the new and unaffordable petrol prices but also cannot live with the sky high prices on food! People are dying of hunger!

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